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Part-time FD |
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Cover for finance professionals |
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Ahern Financial Consulting Ltd |
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Trusted Business Advice |
What is a Part-time Finance Director / Finance Manager |
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For many SMEs it is simply too expensive to hire an experienced Accountant to fulfill the role of a Finance Director. In the current economic climate, the role of a Finance Director is becoming a necessity for most SMEs, with increasing amounts of time being spent by Managing Directors in this area. The part-time Finance Director will not be a director of the company. It is a virtual role fulfilled by an experienced professional, bringing financial expertise to the organisation. You can now have the services of a highly experienced Senior Finance Manager for the fraction of the cost of employing a full time employee. The Part-time Finance Director may be required for one day a week or one day per quarter or whatever your circumstances require. We aim to provide an entirely flexible service that matches your requirements. Your requirements may also vary over time (e.g.) many clients will require a part-time Finance Director for 2 days per week to begin with, reducing to 1 day per quarter when systems are up and running.
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1. Accurate and timely reporting of performance—allowing you to make timely decisions about your business’s future from both an operational and strategic perspective. 2. Support to Managing Director and Management team when making decisions, outlining the financial implications. 3. The Finance plan is an integral part of any business plan, setting Financial plans and budgets while monitoring performance. 4. You have access to expert Financial skills normally not available to SME’s 5. The bank will have increased confidence in your business by having a qualified accountant working closely with your business. 6. By having an experienced qualified accountant working with your business, the Managing Director can focus more energy on sales, marketing and other operational areas of the business. 7. You will have access to Financial expertise with regard to cash-flow management and negotiations with your bank. 8. You will have access to expertise in cost reduction programmes, negotiations with unions and other HR related issues. 9. You will have access to skills to enable a root and branch review of your business’s revenue and cost drivers. 10. All of the above can be achieved without hiring a new full-time employee and in a package formatted to suit your requirements.
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Part-time Finance Director / Finance Manager |
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Benefits of having a Part-time Finance Director / Finance Manager |